Russia's Severstal sells US-based PBS Coals to Canada's Corsa Coal

MOSCOW, July 15 (Reuters) - Russia's Severstal has
agreed to sell Pennsylvania-based coal producer PBS Coals to
Canada's Corsa Coal for an enterprise value of $140
million, the Russian company said on Tuesday.

The deal is expected to be completed by mid-August, it said
in a statement.
(Reporting by Svetlana Burmistrova; Writing by Polina Devitt,
editing by Elizabeth Piper)